Qualcomm (QCOM) Stock Slides as Earnings, Guidance Disappoints
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Go back to Qualcomm (QCOM) Stock Slides as Earnings, Guidance Disappoints
November 2, 2022 4:02 PM EDT
Qualcomm (NASDAQ: QCOM) reported Q4 EPS of $3.13, $0.02 worse than the analyst estimate of $3.15. Revenue for the quarter came in at $11.39 billion versus the consensus estimate of $11.35 billion.
GUIDANCE:
Qualcomm sees Q1 2023 EPS of $2.25-$2.45, versus the consensus of $3.42. Qualcomm sees... More
November 2, 2022 7:40 AM EDT
By Peter Nurse
Investing.com -- U.S. stocks are seen opening largely unchanged Wednesday, as investors cautiously await the latest signal from the Federal Reserve on future monetary policy.
At 07:00 ET (11:00 GMT), the Dow Futures contract was down 30 points, or 0.1%, S&P 500 Futures traded flat, while Nasdaq 100 Futures climbed 20 points, or 0.2%.
The U.S. central bank is widely expected to announce another interest rate increase of 75 basis points at the conclusion of its two-day policy-setting meeting later Wednesday, the fourth such rise in a row,... More
